NATIONAL GRID PLC-SP ADR (NGG) Technical Analysis
NYSE:NGG • US6362744095
Current stock price
87.99 USD
+1.15 (+1.32%)
At close:
87.99 USD
0 (0%)
After Hours:
NGG Technical Rating and Analysis
Overall NGG gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, NGG did better than 77% of all other stocks. We also observe that the gains produced by NGG over the past year are nicely spread over this period.
- NGG is part of the Multi-Utilities industry. There are 26 other stocks in this industry. NGG outperforms 96% of them.
- NGG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so NGG is performing more or less in line with the market.
- NGG has an average volume of 1249110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month NGG has a been trading in the 81.45 - 92.21 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NGG Weekly and Daily overview Charts
NGG Setup Rating and Analysis
Although NGG has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
NGG Support and Resistance Analysis
73.67
94.87
We found 3 important support areas.
- A support zone ranging from 85.47 to 87.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 80.95 to 81.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @74.41 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 92.42 to 93.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
NGG Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for NGG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NGG is neutral. |
| ChartMill Relative Strength | 77.63 | POSITIVE | NGG has a high relative strength, it outperformed 77.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NGG is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NGG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NGG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.57 | NEUTRAL | The RSI value for NGG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests NGG has a positive trend. |
| Stochastics (14,3) | 47.85 | NEUTRAL | The Stochastics value for NGG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.17 | MEDIUM VOLATILITY | The ATR as a percentage value for NGG suggests some volalility. |
| Average Directional Index/ADX (14) | 24.98 | NEUTRAL | The ADX value for NGG suggests a possible start of a new trend. |
NGG Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NGG Technicals: Chart, Performance Metrics, Trend & Indicators
87.99
+1.15 (+1.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg1.32%
1 Week6.78%
2 Weeks2.88%
1 Month-1.95%
3 Month11.8%
6 Month19.83%
12 Month33.46%
2 Year32.02%
3 Year22.81%
5 Year39.71%
10 Year12.01%
15 Year57.14%
Volatility
ATR(14)2.02
ATR(20)%2.17%
ATR Inc-6.79%
Range Today1.35
ADR(20)1.52
ADR(20)%1.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.63
3 months CRS86.07
6 months CRS87.35
Mansfield1.28
10 Day High88
10 Day Low81.45
20 Day High92.21
20 Day Low81.45
52 Week High94.64
52 Week Low62.13
CS1 End87.93
CR1 Start92.42
Volume & EV
DER(3)0.82%
DER(5)1.61%
Volume933.02K
Volume Incr-20.85%
Vol(5)1.08M
Vol(50)1.25M
NATIONAL GRID PLC-SP ADR / NGG TA FAQ
What is the technical rating for NGG stock?
ChartMill assigns a technical rating of 7 / 10 to NGG.
Can you provide the trend direction for NATIONAL GRID PLC-SP ADR?
The current trend direction for NATIONAL GRID PLC-SP ADR (NGG) is Bullish.
What is the RSI signal for NATIONAL GRID PLC-SP ADR (NGG) stock?
NATIONAL GRID PLC-SP ADR (NGG) has an RSI value of 54.5737. This indicates that the stock is currently neutral.
What is the MACD signal for NGG stock?
The MACD indicator for NATIONAL GRID PLC-SP ADR (NGG) has a value of 0.104734, indicating a bearish trend.